MTN IPO to boost Uganda stock exchange

MTN telco outlet in Uganda

MTN Uganda is set to transform the Ugandan capital market with the biggest initial public offering (IPO) since the Uganda Securities Exchange was launched. It could boost the number of shareholders registered in Uganda from current 40,000 to 200,000. Parent company MTN is Africa’s biggest mobile phone company by subscribers. The IPO covers 20% of […]

3 East African exchanges to link before year-end 2020

Market integration across 3 East African securities exchanges is moving fast with a target of being live and online by 31 December 2020. According to a news report, Uganda Securities Exchange, Dar es Salaam Stock Exchange and Rwanda Stock Exchange are set to start trading as a single market after connecting their trading systems to […]

Some African IPOs – August 2018

Roundup of African share offers (IPOs) for investors, including CIPLA-QCI closing 24 Aug in Uganda, Giza Spinning and Weaving in Egypt and telco MTN listings in Uganda, Ghana and Nigeria.

Uganda Securities Exchange extends trading to 5 days

The Uganda Securities Exchange has today (7 March) extended its trading to 5 days a week, up from 3 days. USE Chief Executive Joseph Kitamirike said it would help meet local and international demand. It will also match trading on other East African exchanges, as the exchanges harmonize in terms of an East African common market.